Replies to post #9375 on NanoLogix Inc (NNLX)

[drugmanrx]

I been here a long long time, what concerns me.

CEO openly says he doesn't care about the share price, which means he doesn't care about the shareholders.

He refuses to offer audit financials and openly states he never will. His excuse is that they are too expensive, The problem is that without audit financials the investor has no clue on how much business the company is actually doing.

Currently, the company employs 6 people, the CEO goal is to expand to employ 20 people. Not really blue chip aspirations.

CEO believes the technology is his not the company's so don't expect a buy out anytime soon.

I am afraid this will always be a one man operation, whose purpose is to serve the man not the shareholders.

[capitalismforever]

Valid valuation estimates cannot be performed from one limited snapshot.

Valuation estimates can most certainly be performed for anything that carries value, whether it's a t-shirt or the machine that's used to create it.

$30,000 is a long way away from $1 million. So much for the $900,000 in annual revenue prediction the company mentioned in an update several years ago. The only thing this company has done well is miss targets. They've done that consistently.